Toba Capital is an early-stage venture capital firm founded in 2012 by Vinny Smith, former CEO of Quest Software, and based in Newport Beach, California. The firm invests in B2B software, SaaS, IT infrastructure, and climate technology, and is backed solely by Smith as the sole limited partner.
Deal activity increased 400% year-over-year (5 deals in the last 12 months). Average disclosed round size is $32.4M (across 69 rounds with reported amounts).
Portfolio
49
Fund Size
$1.3B
Top Stage
Series A
Last 12 Mo
5
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
73 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Scotch | Series A | $20M | Jun 2026 |
 Bettani | Series A | $6.5M | Oct 2025 |
 Bettani Farms | Series A | $6.5M | Oct 2025 |
 Climax Foods | Series A | $6.5M | Oct 2025 |
 Euclid | Series A | — | Sep 2025 |
 Wallarm | Series C | $55M | Jul 2025 |
 Moises | Series A | $40M | Jan 2025 |
 Music.AI | Series A | $40M | Jan 2025 |
 Writ | Seed | $3.8M | Apr 2024 |
 Tava Health | Series B | $20M | Mar 2024 |
 OneD | Series C | $25M | Jan 2024 |
 Bedrock Energy | Seed | $8.5M | Oct 2023 |
 Hyperproof | Unknown | $40M | Aug 2023 |
 Boulevard | Series C | $70M | Aug 2022 |
 Perimeter 81 | Series C | $100M | Jun 2022 |
 Trace | Series C | — | Apr 2022 |
 Clear Skye | Series A | $14M | Mar 2022 |
 Brella | Seed | $5M | Jan 2022 |
| Boulevard | Series C | $70M | Jan 2022 |
 Tebra Technologies, Inc. | Growth | $250M | Jan 2022 |
| Clear Skye | Series A | $14M | Jan 2022 |
| Tava Health | Series A | $10M | Dec 2021 |
 Luxury Presence | Series B | $25.9M | Nov 2021 |
 ScienceIO | Seed | $8M | Oct 2021 |
 Strivacity | Series A | $9.3M | Jan 2021 |
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Top Co-Investors
Index Ventures8 shared
Insight Partners8 shared
VMG Partners7 shared
BoxGroup6 shared
Bonfire Ventures6 shared
Pelion Venture Partners4 shared
Gratitude Railroad4 shared
Manta Ray Ventures4 shared
Lerer Hippeau4 shared
Transformation Capital3 shared
Kickstart3 shared
Peterson Ventures3 shared
Point72 Private Investments3 shared
Dorm Room Fund3 shared
K1 Investment Management3 shared
Primary Venture Partners3 shared
J.P. Morgan2 shared
HLM Investment Partners2 shared
Scale Venture Partners2 shared
Vivo Capital2 shared
Last updated: 7 October 2026